The 24-year-old and her famous brows pop on the cover of the July issue in a floral Dior strapless dress while holding two different Charlotte Olympia sandals in Bergdorfs' shoe department.

Lily's good adventures continue throughout the colorful spread, where she poses in a blue floral print Valentino dress, a heart print Burberry Prorsum blouse and leather skirt, as well as the Emilio Pucci cape we previously saw her in outside the famous Manhattan department store.

In the interview, Lily opens up about her mom's influential style, meeting Karl Lagerfeld and the one thing she refuses to wear in public.

Here are some HIGHlights:

On her mom being her style mentor:

"She lets me borrow her vintage. She has Chanel and eighties stuff from Yohji Yamamoto and Vivienne Westwood that she got when vintage wasn’t cool. She’d wear them to events with my dad, and everyone would ask what she had on; when she said ‘vintage,’ they’d go, ‘Oh, that’s nice,’ and, you know, turn the corner."

On running into Karl Lagerfeld in Paris:

"We’d met briefly before, and I was shopping at Colette when he just walked in and said, “Ah, Lily!” Karl Lagerfeld in Paris. Epic."

On refusing to wear sweats:

"Even in L.A., where everyone’s in yoga pants, I’ve never been the girl to run around in sweats. I love fashion and always have something put together, but I won’t wear anything specifically to be photographed in."

If Lily's future appearances are anything like her spread (below), we're eager to see what she has in store for us!